by: xpoolPosted on:

Powell Raises Concerns Over December Rate Cuts: Inflation Remains Hurdle

Federal Reserve Chair Jerome Powell has expressed that future rate cuts, particularly in December, will be challenging unless inflation significantly declines. His comments underscore ongoing economic constraints and their impact on market expectations for the cryptocurrency market. The possibility of a further 25-basis-point rate cut at the upcoming FOMC meeting hangs in the balance.

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